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Showing posts with the label FORD

What Honda’s big electric vehicle announcement in Ontario really means

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In retrospect, the turnaround — and just how fast it happened — is difficult to believe. In 2010, Ontario’s economic future looked grim. Tied as it had been for more than a century to the automobile industry, the provincial economy was in freefall. General Motors and Chrysler went bankrupt, dozens of plants were shuttered, and tens of thousands of well-paying auto jobs were lost along Ontario’s automotive-producing zone from Windsor to Oshawa. Ontario’s auto sector, once the wellspring of the province’s prosperity, looked to be in the process of an inevitable decline. It was, quite literally, a dinosaur industry seemingly destined to...... Read Full article on HadNews

Electric cars pile up at European ports as Chinese firms struggle to find buyers

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China’s automotive industry has revolutionised over the past decade, from producing basic western clones to making cars that equal the world’s best. As the manufacturing powerhouse of the world, China is also producing them in huge volumes. However, Chinese cars are facing difficulties in finding buyers in Europe. Imported cars, many of which are Chinese electric vehicles, are piling up at European ports, with some spending up to 18 months in port car parks as manufacturers struggle to get them onto people’s driveways. Why is this, though? Chinese electric vehicles in particular are getting positive reviews. Having driven them myself...... Read Full article on HadNews